EdR (EDR - Free Report) announced the commencement of construction of a collegiate housing community, located near Oklahoma State University in Stillwater, OK. The collegiate community, named Avid Square, is ideally located close to both the university campus and the Stillwater's entertainment district and is likely to be accretive for the Memphis, TN-based residential real estate investment trust (“REIT”), going forward.
The community is a joint venture between EdR and Laureate Campus Living. EdR, being the majority owner, will be responsible for managing the community. Slated to be completed in summer 2017, the community will offer 475 beds in a mix of studio, 1, 2 and 4 bed-roomed floor plans. Alongside, it will include a pool, fitness center, courtyard, internet and Wi-Fi facility all through the community. Notably, just around a week ago, EdR unveiled the beginning of construction of a residential hall at Shepherd University in Shepherdstown, WV (Read more:EdR Starts Building Residential Hall at Shepherd University).
EdR owns, manages, and develops student housing communities located near university campuses throughout the U.S.
Currently, EdR carries a Zacks Rank #2 (Buy).
Investors interested in the residential REIT sector can consider stocks like Armada Hoffler Properties, Inc. (AHH - Free Report) , Equity LifeStyle Properties, Inc. (ELS - Free Report) and Post Properties Inc. , all carrying the same Zacks Rank as EdR.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
EdR (EDR - Free Report) announced the commencement of construction of a collegiate housing community, located near Oklahoma State University in Stillwater, OK. The collegiate community, named Avid Square, is ideally located close to both the university campus and the Stillwater's entertainment district and is likely to be accretive for the Memphis, TN-based residential real estate investment trust (“REIT”), going forward.
The community is a joint venture between EdR and Laureate Campus Living. EdR, being the majority owner, will be responsible for managing the community. Slated to be completed in summer 2017, the community will offer 475 beds in a mix of studio, 1, 2 and 4 bed-roomed floor plans. Alongside, it will include a pool, fitness center, courtyard, internet and Wi-Fi facility all through the community. Notably, just around a week ago, EdR unveiled the beginning of construction of a residential hall at Shepherd University in Shepherdstown, WV (Read more:EdR Starts Building Residential Hall at Shepherd University).
EdR owns, manages, and develops student housing communities located near university campuses throughout the U.S.
Currently, EdR carries a Zacks Rank #2 (Buy).
Investors interested in the residential REIT sector can consider stocks like Armada Hoffler Properties, Inc. (AHH - Free Report) , Equity LifeStyle Properties, Inc. (ELS - Free Report) and Post Properties Inc. , all carrying the same Zacks Rank as EdR.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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